BTCUSD chart on 4 hour time frame showing bullish and bearish divergences
Chart itself is self explanatory
You can a bullish divergence right now and then a green spike.
We still have to break the blue trendline to break free of the current down trend.
Chart itself is self explanatory
You can a bullish divergence right now and then a green spike.
We still have to break the blue trendline to break free of the current down trend.
Comment:
Bearish div forming.
Also hitting a resistance marked in black rectangle
Bearish div forming.
Also hitting a resistance marked in black rectangle
But now price is hitting the top blue trendline
will have to wait and see if it can break that